# 金融商品取引法 / Financial Instruments and Exchange Act — 第百八十六条 (Article 186)

- Law: 金融商品取引法 (Financial Instruments and Exchange Act), 昭和二十三年法律第二十五号
- English title "Financial Instruments and Exchange Act": Ministry of Justice translation
- Kind: Act — the distinction between 法律 (Act), 政令 (Cabinet Order), 省令 (Ministerial Order) and 条例 (local ordinance) decides who may issue it and what it may say.
- Provision: 第百八十六条 (Article 186)（審問の手続） — address `art-186`
- Text in force since: 2026-08-12
- URL (the page that opens at this provision): https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-186
- Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/323AC0000000025/art-186
- Every provision below carries its address and both URLs on the line under it.
- Japanese text: e-Gov 法令検索, Digital Agency (デジタル庁). English: as marked on each line below.

Only the Japanese as published by the government has legal effect; the text
below is a copy of it. Every English rendering below is a translation and
says which kind: the Ministry of Justice's translation, or this
site's machine translation, whose model and date the Sources list names.
They are never merged and never substituted for one another.

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### 第百八十六条（審問の手続） — (Procedures of Hearings)
<sup>caption: Ministry of Justice translation — Japanese Law Translation Database System</sup>
<sup>art-186 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-186 · https://japanlaw.org/l/323AC0000000025/art-186</sup>

**第一項**  内閣総理大臣又は内閣総理大臣及び財務大臣は、この法律の規定により当該職員をして審問を行わせようとする場合において、審問される者が正当な理由がないのに応じないときは、審問を行わせないで当該規定に定める処分をすることができる。
<sup>art-186/par-1 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-186/par-1 · https://japanlaw.org/l/323AC0000000025/art-186/par-1</sup>
If the Prime Minister or the Prime Minister and the Minister of Finance seek to have relevant officials conduct a hearing pursuant to the provisions of this Act, but the person subject to the hearing fails to comply without just cause for doing so, the Prime Minister or the Prime Minister and the Minister of Finance may issue the disposition prescribed in the relevant provisions without having the hearing conducted.
<sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

**第二項**  内閣総理大臣又は内閣総理大臣及び財務大臣が当該職員をして審問を行わせようとする者に通知する場合においては、審問の事項及び期日を明らかにして、これをしなければならない。
<sup>art-186/par-2 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-186/par-2 · https://japanlaw.org/l/323AC0000000025/art-186/par-2</sup>
When the Prime Minister or the Prime Minister and the Minister of Finance issue a notice to a person to which they seek to have the relevant officials conduct a hearing, the Prime Minister or the Prime Minister and the Minister of Finance must expressly indicate the subject matter and date of the hearing in that notice.
<sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

**第三項**  審問は、公開して行う。ただし、審問される者から非公開の申出があつたとき（非公開を相当とする理由があると認められるときに限る。）、又は公益上必要があると認めるときは、この限りでない。
<sup>art-186/par-3 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-186/par-3 · https://japanlaw.org/l/323AC0000000025/art-186/par-3</sup>
Hearings are opened to the public; provided, however, that this does not apply if the person subject to the hearing requests that the hearing be closed to the public (but only if it is found that there are reasonable grounds for closing the hearing to the public), or if this is found to be necessary in the public interest.
<sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

**第四項**  内閣総理大臣又は内閣総理大臣及び財務大臣は、この法律の規定により当該職員をして審問を行わせた場合においては、その記録を作成し、これを十年間保存しなければならない。
<sup>art-186/par-4 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-186/par-4 · https://japanlaw.org/l/323AC0000000025/art-186/par-4</sup>
When the Prime Minister or the Prime Minister and the Minister of Finance have the relevant officials conduct a hearing pursuant to the provisions of this Act, the Prime Minister or the Prime Minister and the Minister of Finance must create a record of this and preserve the record for 10 years.
<sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

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## Sources

- e-Gov 法令検索, Digital Agency (デジタル庁) — 金融商品取引法 — the text in force from 2026-08-12 (https://laws.e-gov.go.jp/law/323AC0000000025/20260812_508AC0000000064), retrieved 2026-10-22
- Japanese Law Translation Database System, Ministry of Justice (法務省) — Financial Instruments and Exchange Act — Ministry of Justice translation (https://www.japaneselawtranslation.go.jp/en/laws/view/4633/tb), retrieved 2026-10-22
- This site's parser, version 212 — 金融商品取引法 — structure, counts, cross-references and defined terms, computed 2026-10-22
